Friday, September 8, 2017

How do musicians make money from their art in today's digital age?

SOURCE: https://camo.githubusercontent.com

KEY ECONOMIC PRINCIPLES I’M ADDRESSING:  Institutions are the “rules of the game” that influence choices ; People Respond to Incentives in Predictable Ways


OVERALL RESEARCH QUESTION: How do musical artists make money today? How do government copyright laws and the influence of institutions like record labels & streaming services affect musicians?

SUB QUESTIONS
    • How did musical artists generally make money in the past?
    • How/why/when did music become mostly digital?
    • How do record companies help artists make money?
    • Where is the music industry heading in terms of distribution?


RESOURCES FOR RESEARCH:

    • DATABASES:
    • WEBSITES: https://www.musicindustryhowto.com

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